tiprankstipranks
Great Pacific Gold Sells Reedy Creek to Zincore
Company Announcements

Great Pacific Gold Sells Reedy Creek to Zincore

Story Highlights

Fosterville South Exploration (TSE:GPAC) has released an update.

Stay Ahead of the Market:

Great Pacific Gold Corp. has entered into an agreement to sell its Reedy Creek and Providence tenements in Victoria, Australia, to Zincore Metals Corp. for a combination of cash payments totaling $4 million and 6 million shares of Zincore. This strategic divestiture aligns with the company’s focus on its core projects in Papua New Guinea and provides a non-dilutive cash infusion for future exploration programs.

For further insights into TSE:GPAC stock, check out TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App